Summary - 84 FLAT 1 WINNER STREET PAIGNTON TQ3 3BH
1 bed 1 bath Apartment
Low-price auction buy with garden and strong broadband appeal.
Large overall internal size for a one-bedroom flat
Private enclosed courtyard garden for tenants or guests
Double glazing installed after 2002
Sold at auction — cash buyers only, conditional sale
Leasehold tenure — check remaining term and ground rent
Electric room heaters; no central heating, higher running costs
Granite walls likely uninsulated — epoxy/insulation work likely needed
Local area: very high crime and very deprived — affects rental demand
A compact one-bedroom maisonette with a private courtyard garden, offered at a very low guide price — suited to cash buyers and investors. The property sits close to Paignton town centre with fast broadband and excellent mobile signal, useful for short-term lets or a simple rental let.
The building is historic with granite walls and double glazing fitted post-2002. Heating is by electric room heaters and the property will need some basic repairs and updating to reach modern comfort and energy standards. The council tax band is very low, reducing ongoing holding costs.
Important negatives are factual: this is a leasehold unit sold at auction (cash buyers only) and the local area records very high crime and very high deprivation levels. The building appears to lack wall insulation and the heating relies on electricity, which will affect running costs and tenant appeal unless upgraded.
For an investor who can buy at auction and complete repairs, the flat offers low entry cost and straightforward rental potential given proximity to amenities and transport. Buyers should budget for refurbishment, possible electrical works, and consider the challenges of letting in a high-crime, deprived neighbourhood.
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